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Grand Bay View

Grand Bay View is a large new condominium scheme in Central Pattaya being marketed at an early stage, with two 45-storey towers, 1,114 units and a stated Q4 2030 completion target. The project's promotional website identifies Maimon David Marsiano as the developer but also states that the site itself is operated by IBG Property Co., Ltd. as a strategic partner rather than the project developer. The legal entity that will act as developer and seller under Grand Bay View purchase contracts could not be conclusively verified from the public sources reviewed.

Pattaya

A company name is not a recommendation. Check the project company, contract and selected unit before reservation.

Overview

Grand Bay View is a large new condominium scheme in Central Pattaya being marketed at an early stage, with two 45-storey towers, 1,114 units and a stated Q4 2030 completion target. The project's promotional website identifies Maimon David Marsiano as the developer but also states that the site itself is operated by IBG Property Co., Ltd. as a strategic partner rather than the project developer. The legal entity that will act as developer and seller under Grand Bay View purchase contracts could not be conclusively verified from the public sources reviewed.

Track record

Public pages associated with Maimon David Marsiano link him to earlier Pattaya developments including City Garden, Avenue Residence, Cosy Beach View and Grand Avenue; the Grand Avenue profile, for example, dates City Garden to 2010 and Avenue Residence to 2012. That supports a long personal track record in the local market, but it does not establish that every project was developed through the same corporate entity. For Grand Bay View, the individual's development history should therefore be separated from the legal track record of the company that will sign the sale contract.

Segments and prices

Grand Bay View is positioned as a high-rise resort-style urban condominium, with layouts ranging from studios to larger multi-bedroom residences and penthouses. Public August 2026 listings do not show one stable entry price: Casa Pattaya lists the project from about THB 2.8 million, while Dot Property shows available units from roughly THB 3.34 million. That spread is consistent with pre-launch promotions and changing inventory, so buyers should rely on a dated unit-specific price sheet showing size, view, payment schedule and additional charges rather than a headline 'from' price.

Geography

The project is marketed in Central Pattaya near the intersection of Soi Buakhao and Third Road. That is distinct from Jomtien in normal market usage, even though some aggregators may apply broader Pattaya location labels. The exact site matters for more than access to the beach and city amenities: the land title and permit documents should correspond to the specific plot on which the two Grand Bay View towers are proposed.

Reliability and public record

As of 26 August 2026, Grand Bay View is still at an early stage and public sources diverge on the point that matters most for counterparty due diligence. Marketing material names Maimon David Marsiano, one industry source attributes the project to Modern 15, while FazWaz lists the developer as N/A. Thailand's Smart EIA Plus database does confirm an active Modern 15 Company Limited, registration number 0205560001803, and shows two approved reports for other schemes, Avenue Boutique Condominium and Grand Avenue Hotel. That is a useful corporate trail, but it does not prove that Modern 15 is the legal developer of Grand Bay View; the connection needs to be established through the project's own legal documents.

What to verify

Before making a substantial payment, obtain a contract that identifies the legal seller and developer in full, including its company registration number and the bank account receiving buyer funds. Those details should be matched against the land title, construction permit and the project's current environmental-approval status; the existing Smart EIA Plus profile for Modern 15 does not by itself establish that connection. A foreign buyer should also confirm foreign freehold quota for the selected unit, the payment schedule through 2030, refund and delay provisions, transfer charges, common-area fees and the one-off sinking fund. If the contracting company is different from Modern 15, IBG Property or Maimon David Marsiano personally, that is not automatically a problem, but the role of each party should be documented rather than explained only by sales staff.

Frequently asked questions

Who is the legal developer of Grand Bay View?

The public record reviewed does not yet establish this conclusively. Marketing pages name Maimon David Marsiano and some secondary sources mention Modern 15, but the verified government profile for Modern 15 does not list Grand Bay View among the two approved projects shown there. The definitive answer should come from the sale contract and project permits naming the exact legal entity.

Is Maimon David Marsiano's Pattaya track record verifiable?

Yes. Maimon David Marsiano's involvement in earlier Pattaya developments can be traced through legacy project pages and reporting on City Garden. That personal development history should not, however, be treated as a substitute for the financial and legal responsibility of the company signing a Grand Bay View sale agreement.

When is Grand Bay View expected to be completed?

Several current sources state Q4 2030 as the target completion period, with some also showing a Q3 2027 construction start. This is a pre-sale timetable rather than a guaranteed delivery date, so the contractual completion date and delay remedies matter more than the marketing schedule.

Sources

Sources are named for independent checking. NovAsia does not publish outbound links.

  1. Grand Bay View / IBG Property Co., Ltd. · Grand Bay View — project specifications, stated developer and IBG Property disclosure · 26.08.2026
  2. Smart EIA Plus, Office of Natural Resources and Environmental Policy and Planning · Modern 15 Company Limited — government project-owner profile and approved reports · 26.08.2026
  3. DataForThai · Modern 15 Company Limited — company registration data · 26.08.2026
  4. Grand Avenue Pattaya · Maimon David Marsiano — earlier Pattaya development record · 26.08.2026
  5. Casa Pattaya · Grand Bay View Pattaya — project profile and current sales parameters · 26.08.2026
  6. FazWaz · Grand Bay View Condominium – Pattaya — project profile with developer listed as N/A · 26.08.2026
  7. Dot Property · Grand Bay View Condominium – Pattaya — unit count, floors and current listing range · 26.08.2026
  8. neoTHAI.ru · Grand Bay View Condo Pattaya — secondary report naming Modern 15 · 26.08.2026